Designated Signatories definition

Designated Signatories means the Trusts’ Representative Signatories and the Trust Signatories identified under Section 9(b).

Examples of Designated Signatories in a sentence

  • Effective as of the Closing, PRGUSA shall transfer to Purchaser the Custodial Account and shall cooperate with Purchaser to (i) add those representatives of Purchaser as Purchaser shall designate as the exclusive signatories to such Custodial Account (the "Designated Signatories"), (ii) remove any employee of PRGUSA who is not a Designated Signatory as a signatory to such Custodial Account and (iii) otherwise transfer control of such Custodial Account to Purchaser.

  • Until the Issuer receives a subsequent incumbency certificate of the Issuing and Paying Agent, the Issuer shall be entitled to rely on the last such certificate delivered to it for purposes of determining the Designated Signatories.

  • Immediately upon the addition of such Designated Signatories to such Custodial Account, Purchaser shall have the sole authority to accept funds and disburse all funds from such accounts on behalf of ▇▇▇▇▇▇-▇▇▇▇.